L3C = Low-Profit, Limited-Liability Company, a form of incorporating as a business being considered by the Missouri Legislature;
PRI = Program Related Investment -- unlike a grant, this offers some low-interest return to a charitable foundation or others investing in the nonprofit;
The L3C business form + PRIs = potential big impact on nonprofit funding and on advancing business interests that serve a social mission. Learn more at a panel discussion May 20th at 3 pm at UMSL.
Go to ce.umsl.edu/npml or the NPML link on this blog for details and to register for this program.